CENTERS for

December 2015

New Study:  Hospital Finances Continue to Improve

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New Study: Hospital Finances Continue to Improve — The most recent financial numbers posted on the Virginia Hospital information website show that hospitals overall are doing very well.  The combined profit of the reporting hospitals was $1.9 billion, an 8.6 percent increase year-over-year  -- $150 million more than a year earlier.  Read It Here!

December 2015

Jefferson Journal:  Health Care Reform That Makes Sense

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Jefferson Journal: Health Care Reform That Makes Sense — By Michael W. Thompson  The federal Certificate of Public Need law was originally intended to control costs by requiring State Health Commissioners to limit the supply of health care.  But the law has not succeeded.  The federal law was repealed in 1987, and states have been repealing their laws as well.  Virginia should be one of them.  (12/4/2015) Read It Here!

November 2015

Jefferson Journal:  Virginia's Hospital Finances Looking Good

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Jefferson Journal: Virginia's Hospital Finances Looking Good — By Michael Thompson  When the Thomas Jefferson institute published a study, How are Virginia's Hospitals Doing Today -- a Review of Hospital Finances, using information published on the Virginia Hospital Information website, it undercut the argument that hospitals need Medicaid expansion to survive.  Immediately, the Virginia Hospital Association put its "spin team" to work ... (11/13/2015)  Read It Here!

November 2015

How Are Virginia's Hospitals Doing Today -- A Review of Hospital Finances

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How Are Virginia's Hospitals Doing Today -- A Review of Hospital Finances — Virginia's hospitals are lobbying in favor of Medicaid expansion, arguing that they need the extra revenue to survive.  Yet, their own filings show that the combined profit of reporting hospitals is more than $1.7 billion, and their net worth is more than $16 billion -- both double digit growth over last year.  Read It Here!

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